NGP's Lisa Lambert has spoken to Global Corporate Venturing about the unit's investment parameters, the need for disruptive investments in the energy sector and the priorities when hiring for a new corporate venturing fund.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Concord New Energy and Alfa Laval have both invested in Alphabet spinout Malta, which is working on electrothermal energy storage systems for the grid.

Michael Lübbehusen, who co-led Innogy Venture Capital for two years, will depart at the end of this year, with Frank Starrmann taking over sole leadership.

Qualcomm and existing backer Hyundai both invested in a $43.5m round for Immotor's EV battery rental spinoff that was led by US-China Green Fund.

The lithium-ion battery provider has raised $21.8m in a Itochu-led round that also featured fellow corporate Kyocera.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Mahindra & Mahindra-backed solar lantern and system provider D.light has raised $41m from Inspired Evolution, Swedfund, Norfund and FMO.

Mitsubishi joins Anglo American Platinum in a second AP Ventures that will fund companies harnessing platinum group metals.

The Thailand-based energy company plans to allocate the capital to international biotechnology and cleantech developers over a five-year period.